The Uruguay Round of trade negotiations called for:
A. the reduction of average tariffs on industrial goods.
B. quotas to be replaced by tariffs.
C. the reduction in agriculture export subsidies.
D. the reduction in industrial subsidies.
E. antidumping and safeguards to be relaxed.
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Economic integration and global institutions has come up 35 times in 5 exams since 2010.
This question is on GATT, the WTO and the multilateral trading system, part of Economic integration and global institutions in International Economics.
How global trade rules are made and enforced.
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Question from the UGC-NET 2023 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.